European banking sector higher

The FTSE Eurofirst 300 was not helped on Thursday by bids rumors in the banking and automobile manufacturing sectors. The Eurofirst dropped 0.1 percent to 1,369.27 as investors continued to worry about inflation in the United States. There were more details concerning an anticipated bid by MAN to acquire Scania. It was rumored that the [...]
Eurofirst drops 0.9 percent

The FTSE Eurofirst 300 was down for a third consecutive day on Thursday as investors continued to worry that the US Federal Reserve could raise interest rates again soon. The Eurofirst was 0.9 percent lower to 1,351.32, its lowest level in a month. The automobile manufacturing sector saw declines. BMW dropped 1.6 percent to €38.97 [...]
Eurofirst slightly lower

The FTSE Eurofirst 300 was down 0.1 percent to 1,387.35 on Tuesday despite gains in the automobile manufacturing sector. Swiss luxury goods manufacturer Richemont dropped 3 percent to SFr64.15 on profit taking after it reported that annual sales was up 17 percent due to growth in its jewelry and watch making units. Richemont’s shares have [...]
Investor concerns send European markets lower

The European equities markets were down on Thursday on weakness in several sectors despite strength in other areas, as well as on renewed worries about rising interest rates after the European Central Bank raised interest rates to 2.5 percent, up a quarter point. The FTSE Eurofirst 300 was down 0.9 percent to 1,343.20. There were [...]
Equitiy markets mixed on oil pressures

Tokyo: The Tokyo equities markets were down on Tuesday on profit-taking after four-year highs reached on Monday. The Nikkei 225 dropped 0.6 percent to 13,310.04, while the Topix fell 0.7 percent to 1,376.70. The steel and banking sectors were up on the day, however, and so was Sony. The consumer electronics group gained 1.3 percent [...]